- Coal Investing News - http://coalinvestingnews.com -
Thai miner Banpu Q4 net profit down
February 25, 2010 @ 8:54 pm In Coal Company News
On Thursday,Thailand's top coal miner,Banpu, reported a smaller-than-expected 5.8 percent fall in its fourth-quarter earnings, mainly due to a drop in average selling prices.
The press release is quoted as saying:
Banpu, also Indonesia's fourth-largest coal miner with five mines there, posted a net profit of 1.64 billion baht ($49.67 million), down from 1.74 billion baht a year earlier, and lower than the 3.81 billion baht in the third quarter.
Article printed from Coal Investing News: http://coalinvestingnews.com
URL to article: http://coalinvestingnews.com/1184/thai-miner-banpu-q4-net-profit-down/
URLs in this post:
[1] Click here to access the entire press release: http://www.reuters.com/article/hotStocksNews/idUSBAK00299920100225
Copyright © 2010 Coal Investing News. All rights reserved.